Pharoah Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first $2$ quarters of $2022$

Sales: quarter $1,29,400$ bags; quarter $2,42,600$ bags. Selling price is $$63$ per bag

Direct materials: each bag of Snare requires $4$ pounds of Gumm at a cost of $$4$ per pound and $6$ pounds of Tarr at $$1\mathrm{.}75$ per pound.

Desired inventory levels:

$\backslash$table$[[$Type of Inventory,January $1,$April $1,$July $1],[$Snare $($bags$),8,100,12,200,18,100],[$Gumm $($pounds$),9,500,10,100,13,200],[$Tarr $($pounds$),14,200,20,500,25,400]]$

Direct labor: direct labor time is $15$ minutes per bag at an hourly rate of $$16$ per hour

Selling and administrative expenses are expected to be $15\%$ of sales plus $$179,000$ per quarter.

Interest expense is $$100,000,$

Income taxes are expected to be $20\%$ of income before income taxes.

Your assistant has prepared two budgets: $(1)$ the manufacturing overhead budget shows expected costs to be $125\%$ of direct labor cost, and $(2)$ the direct materials budget for Tarr shows the cost of Tarr purchases to be $$301,000$ in quarter $1$ and $$426,500$ in quarter $2.$

$($Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr.$)$

$($b$)$

Prepare the direct materials budget. $($Round Cost per pound answers to $2$ decimal places, e$\mathrm{.}8.52\mathrm{.}70.)$

Prepare the direct labor budget. $($Enter Direct labor time per unit in proportion to hours, e$.$g$.$ for $45$ minutes the proportion will be $0\mathrm{.}75.$